Meridian is currently tilted toward sellers, with the market gauge firmly in seller’s market territory. Limited listing activity over time helps explain this, with several periods showing only one to three active listings on the market. With so few homes trading hands in a typical three-month window, well-priced properties can draw strong interest.
Looking at the rolling three-month view over the past few years, prices and pace have both swung noticeably. In early 2023, the median sale price was about $30,000, then climbed to $185,000 by mid-2023 and reached $270,000 by early 2025, before easing to around $166,300 in early 2026. Days on market also shifted from longer waits of 165 to 190 days in early and mid-2023 to much quicker sales, including a one-day median in early 2024 and 35 days by early 2026.
Sale outcomes have been mixed as well, with some three-month periods seeing no homes sell above list and others, such as early 2024 and early 2025, recording every sale closing over asking. Months of supply dropped from about 9.2 months at the end of 2022 to roughly 3 months by mid-2023, reinforcing the stronger position for sellers. Because individual sales can move the numbers so much, buyers and sellers in Meridian benefit from an Agent Pronto–recommended real estate professional who can interpret these shifts and guide their next move.
